Last Week We gave Chopad Level of 35200 Bank Nifty gave SHORT Entry which did 4 target on DOWNSIDE so EXCELLENT Week for Chopad Followers,Coming week as Saturn goes opposition combined with RBI Policy can give trending move in Market.
Bank Nifty Harmonic Pattern
Price did target on downside and now break of 34100 can see quick fall towards 33500/33000.
Bank Nifty Gann Angles
Price is uable to cross gann angle resistance came down heading back to resistance zone.
Planetary Cycles and Bank Nifty Movements
Price is holding Mercury Planneatry line of support.
Bank Nifty Supply and Demand
Self Explanatory chart..
Bank Nifty Time Analysis Pressure Dates
Bank Nifty As per time analysis 02/06 Aug is Pressure date , impulsive move can be seen around these dates.
Bank Nifty Weekly Chart
Price holding weekly support zone of 34100
Bank Nifty Monthly Charts
Perfect Doji on Monthly chart, Breakout above 35000 and Breakdown below 34100.
Bank Nifty Weekly Chopad Levels
Bank Nifty Trend Deciding Level:34650
Bank Nifty Resistance:34900,35141,35400,35700,36000
Bank Nifty Support:34323,34040,33864,33555,33225
Levels mentioned are Bank Nifty Spot
Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.
Want to see post in your Inbox,Register by adding your email id in Post in your Inbox section
Follow on Facebook during Market Hours: https://www.facebook.com/pages/Brameshs-Tech/140117182685863
Follow on Twitter during Market Hours: https://twitter.com/brahmesh